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Crypto / Web3

Crypto, Web3, NFT & gaming company setup in Ras Al Khaimah

Ras Al Khaimah is emerging as a crypto-friendly destination through Innovation City RAK. RAKEFZ helps blockchain, Web3, NFT, metaverse and gaming founders get licensed fast and stay compliant.

Start Web3 setup →Innovation City page

Why RAK for crypto and Web3?

Innovation City RAK offers a supportive framework for non-regulated crypto, blockchain and Web3 product companies, with faster licensing and lower cost than Dubai VARA-regulated activities.

Web3 setup benefits

  • ✓Crypto-friendly licence framework
  • ✓No VARA complexity for non-financial products
  • ✓100% foreign ownership
  • ✓Fast 5–7 day licensing
  • ✓Global talent and founder visas

Crypto & Web3 activities we licence

Blockchain development
Cryptocurrency trading platform
NFT marketplace & minting
Web3 infrastructure
GameFi & metaverse
DeFi protocol development
Crypto consultancy
Smart contract auditing
Digital asset advisory

Crypto & Web3 setup cost and timeline

Innovation City from
AED 14,500
Government fee
RAKEFZ service from
AED 2,900
Essential package
Setup time
5–7 days
Fully remote

Frequently asked questions

Launch your Web3 company in RAK

Choose your activity, get an instant quote and license your crypto or Web3 company in Ras Al Khaimah.

Start Web3 setup →